Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) Stock Price Up 2.3% – What’s Next?

Shares of Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) shot up 2.3% during trading on Monday . The stock traded as high as $16.03 and last traded at $15.90. 77,217 shares traded hands during trading, a decline of 47% from the average session volume of 145,223 shares. The stock had previously closed at $15.55.

Invesco KBW Premium Yield Equity REIT ETF Trading Up 2.3%

The company has a market cap of $259.97 million, a PE ratio of 22.41 and a beta of 1.13. The business’s 50 day moving average is $16.18 and its two-hundred day moving average is $15.84.

Invesco KBW Premium Yield Equity REIT ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Monday, February 23rd were given a $0.1253 dividend. This represents a c) annualized dividend and a dividend yield of 9.5%. The ex-dividend date was Monday, February 23rd.

Institutional Trading of Invesco KBW Premium Yield Equity REIT ETF

Several institutional investors have recently made changes to their positions in KBWY. Cetera Investment Advisers raised its stake in Invesco KBW Premium Yield Equity REIT ETF by 427.1% during the 4th quarter. Cetera Investment Advisers now owns 101,564 shares of the company’s stock valued at $1,567,000 after purchasing an additional 82,296 shares during the period. Jones Financial Companies Lllp boosted its stake in Invesco KBW Premium Yield Equity REIT ETF by 1,373.7% in the 1st quarter. Jones Financial Companies Lllp now owns 51,006 shares of the company’s stock worth $851,000 after purchasing an additional 47,545 shares during the period. Tower Research Capital LLC TRC grew its holdings in Invesco KBW Premium Yield Equity REIT ETF by 775.1% during the 3rd quarter. Tower Research Capital LLC TRC now owns 52,709 shares of the company’s stock valued at $841,000 after buying an additional 46,686 shares in the last quarter. Marshall Wace LLP purchased a new stake in Invesco KBW Premium Yield Equity REIT ETF during the 4th quarter valued at approximately $556,000. Finally, Jane Street Group LLC bought a new stake in shares of Invesco KBW Premium Yield Equity REIT ETF during the second quarter valued at approximately $498,000.

About Invesco KBW Premium Yield Equity REIT ETF

The Invesco KBW Premium Yield Equity REIT ETF (KBWY) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks a dividend-yield-weighted index of small- and mid-cap equity REITs. KBWY was launched on Dec 2, 2010 and is managed by Invesco.